Americans are saving their money during an economic crisis they aren't sure will end anytime soon.
The U.S. GDP fell 9.5 percent in the second quarter from the first, and 32.9 percent year over year, Bureau of Economic Analysis data released Thursday indicates. That's the sharpest decline the economy has seen since the 1940s, as even though the Great Depression's economy dipped further, it was spread out over a longer period, Bloomberg reports.
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